Blog
Be Aware of POA Form Language
July 12, 2017
The Virginia REALTORS® legal and government affairs teams are working to amend recently-changed language to a form that may affect property owner association related transactions. The Common Interest Community (CIC) Board has amended the Virginia Property Owners’ Association Disclosure Packet Notice Form, which is required to accompany all property owner association disclosure packets. This form […]
Need to Know: New Buyer Beware Disclosures Update
July 10, 2017
This past week many members were caught off guard by a change that the Department of Professional and Occupational Regulation (DPOR) made to the Residential Property Disclosure Statement – Notice to Seller and Purchaser form (also known as the Residential Property Disclosure Act form). The Virginia REALTORS® legal and government affairs teams went to bat […]
DAAR Member Mark Miller Appointed by Governor to Library of Virginia
July 10, 2017
Congratulations to DAAR member Mark Miller, MBA of Leesburg, Realtor, Long & Foster, Ashburn, who was appointed by Governor Terry McAuliffe to The Library Board of the Library of Virginia. The Library Board consists of 15 members appointed by the Governor for five-year terms. The Library Board is a policy board that determines the scope […]
CFPB Final Rule Clear on Ability to Share Closing Disclosures
July 10, 2017
On July 7, 2017, the Consumer Financial Protection Bureau (CFPB) released the final rule amending the “Know Before You Owe” (KBYO or TRID) mortgage disclosure rule. As advocated for by NAR, the final rule clarifies the ability to share the Closing Disclosure (CD) with third parties – a victory for real estate professionals nationwide. As […]
Interested in Teaching at DAAR? Submit a Proposal
July 2, 2017
Interested in teaching at DAAR? Do you have a specific talent you would like to share? We are accepting proposals for the following: Real Estate Business Development Series (Submission Deadline: July 31, 2017) Feb. 5 – Feb. 9 Oct. 1 – Oct 5 Total Agent Series (Submission Deadline: July 31, 2017) Mar. 5 – Mar. […]
Listen Up: Informative Legal Podcasts by Virginia REALTORS®
June 26, 2017
Check out the introduction to Caveat REALTOR®, a brand new show from the Virginia REALTORS® legal team. You’ll be able to listen on the go with this new format of legal updates. New podcasts focus on need-to-know information on home inspector licensing, assistance animals and home surveillance. Now available through iTunes and Stitcher.
NAR Senior Executive Will Be Next CEO
June 26, 2017
REALTORS® have selected Bob Goldberg to succeed current NAR CEO Dale Stinton, who is retiring at the end of 2017 after 36 years at NAR and 12 as CEO. Goldberg currently serves as NAR senior vice president of Sales & Marketing, Business Development & Strategic Investments, Professional Development and Conventions. NAR’s leadership team chose Goldberg […]
In the Know: NAR Analyzes Federal Budget Proposal Impact on Housing
March 31, 2017
On March 16, 2017, President Trump released his budget for the 2018 fiscal year, which begins on October 1. The proposal would eliminate funding for community development block grants and HOME housing block grants as part of a 13-percent cut in HUD programs. FHA mortgage insurance appears to be left untouched. Funding for flood mapping, […]
February 2017 Loudoun County Market Trends Report: Homes Selling Faster as Active Inventory Continues to Decline
March 15, 2017
The following analysis of the Loudoun County, Virginia housing market has been prepared by George Mason University’s Center for Regional Analysis. It was prepared for the Dulles Area Association of REALTORS® by analyzing MRIS multiple listing data from MarketStats by ShowingTime. Overview Homes in Loudoun County sold significantly faster than last year, with half of […]
NAR Update: Tax Reform and RESPA Fines
February 24, 2017
A tax reform plan by the House Ways & Means Committee would eliminate the property tax deduction, double the standard deduction, and lower tax rates. Also being considered is repeal of 1031 tax-deferred exchanges. REALTORS® expressed concerns over the changes at a meeting two weeks ago with leaders of the Ways & Means Committee. The […]